350Z's I Fund Thread JAN 08

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Hang tight....the day is not done. The market is on sale at these levels. Watch how fast it could move.....
 
BEAR MARKET.

I'm now out 40% as of today, and ready to move more out tomorrow.

Bloodbath out there. This is not a normal down. This is a bear market type down.
 
nice IFTs lately 350. the short etfs QID and SKF (off a double top) are moving down AH. Looking like you bobbed and weaved a solid punch from Ben "I"m long MO" Bernanke.
 
We could see a 36 cent -FV, for a total of -33 cents.

-.36 cent FV will slam my TSP account to about Neg 10 percent YTD…. As the Los Angeles Valley girls would say, Oh My GAWD!!:blink:

So much for Uncle Ben instilling any confidence in the USM this morning!! And, so much for my hope of retiring in five years when I reach my MRA!!:worried::worried:
 
nice IFTs lately 350. the short etfs QID and SKF (off a double top) are moving down AH. Looking like you bobbed and weaved a solid punch from Ben "I"m long MO" Bernanke.

Thanks fedgolfer,

Today was also my 10th IFT this year.:D

Tracy Ray, I've been a bad boy. Please come spank me!!!:nuts: (I hope she's good looking.:worried:)

So far, earnings after the bell have been OK. AMD was OK, IBM was OK, and WaMu was not terrible considering what Citi and MER have reported. The Yen carry trade did a mini barf on WaMu's numbers, so at the moment, I'm not feeling too good.

What is really interesting is that it appears there weren't much short covering at the end of trading today. It's a perfect setup for a .50% cut in the morning to burn the shorts again...
 
I think deep down Ben has not cut because this is exactly what he wants. The Market to work this out of it's system just the way that it was instilled in it's system. Everything has been booming for year's, greed worked upon greed. What goes up must come down. Ben knows all the Big people are saying Cut Cut Cut Cut Cut... He will probably cut at the fomc meeting and it's not because he wants to it's because Big Dog's are growling at him from every corner.

At immediate stimulus package is in dyer need for the poor people and that is what he is most concerned with. That is why it was spoken of many times in his speech today. He could give a damn about the stock market right now, this is a place where money begets more money, and is not where the money will get the best bang for the buck. :)
 
I'm sorry to hear that 12%.:(

You have good market instincts. I hope you get rewarded soon.

Ben needs to cut NOW!.
ty 350z, Benny needs to open his eyes. I did not transfer around, I stood in the S FUND for months. See, that goes to show people that market timing does work. It is better to move around. It was my own fault for staying in one place. I will get it back. I need to open my eyes.
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Bottom-line is TSP should allow people to do want they want!!!
 
Bernanke to Congress: Move quickly

The Fed chairman called on Congress to pass an economic stimulus package quickly because the economy is likely to slow significantly in the next few months, dragged down by the weight of the housing bust.
http://articles.moneycentral.msn.com/Investing/Dispatch/080117markets.aspx

Can you believe this crap...Bernanke telling Congress to move quickly?
They should have told him to get his ass out the door and don't come back until he figures out what a rate cut is.
This is so ironic that I would be laughing my head off under any other circumstances... :mad:
lol
 
What a joke. Tax Rebate checks. Please send my check to Halliburton or the Saudis. lol. Congress wants us to spent it. This country is in trouble because of this messy war and tax cuts to the wealthy. They destroyed the integrity of the US Dollar. I blame the lenders and buyers also. They loansharked the money to greedy buyers who did not have a backup plan. Once you see shows on TV called Flip This, you know its th end. Tulip Theory:D BTW this book is for Ben and Congress
 
Watching Fast Money on Cnbc. Very interesting, Now they are talking about what is looking good in a down market. It is funny that we just don't want to let go of those 14000 Dow day's. We keep getting 200+ down day's but holding on for that .50 basis point cut. That .50 basis point cut is probably worth 1 200+ point day and then we will want more and the market will proceed downward.

What I say could have been written at least 2 times since January 1.
 
I think deep down Ben has not cut because this is exactly what he wants. The Market to work this out of it's system just the way that it was instilled in it's system. Everything has been booming for year's, greed worked upon greed. What goes up must come down. Ben knows all the Big people are saying Cut Cut Cut Cut Cut... He will probably cut at the fomc meeting and it's not because he wants to it's because Big Dog's are growling at him from every corner.

Bernanke to Congress: Move quickly

Can you believe this crap...Bernanke telling Congress to move quickly?
They should have told him to get his ass out the door and don't come back until he figures out what a rate cut is.
This is so ironic that I would be laughing my head off under any other circumstances... :mad:

Why the heck did he come out last Thursday and said that he was ready and willing to do a "substantive" cut? PPI/CPI were OK. Unemployment up to 5%. Housing numbers keep getting worst. Dec retail sales were horrible. ISM well below 50, at 47. Today's Philly Fed at -20. RECESSION!!!!!
 
Why the heck did he come out last Thursday and said that he was ready and willing to do a "substantive" cut? PPI/CPI were OK. Unemployment up to 5%. Housing numbers keep getting worst. Dec retail sales were horrible. ISM well below 50, at 47. Today's Philly Fed at -20. RECESSION!!!!!


I think he is thinking Hey, My last cuts upon the market are starting to come to tuition. Economy is slowing, Stock market's will work it out of it's system, Oil prices are starting to drop, Gold is starting to drop, Inflation is tame but not dropping.

Housing went up exponentially for at least 3 to 4 year's, Sub prime to blame, Ultimate low mortgages to get people that should not have been able to get a house to be able to. Hey it was easy to get a house and with very little credibility. It was legal and every bank and mortgage company was doing it. Company's that were not involved in it now have the chance to unload any bad information and hopefully will not get noticed with all the financial and subprime mess leading the way. :)
 
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